37128 REHOBOTH AVENUE EXTENSIONREHOBOTH BEACH, DE 19971

Commercial · 0.75 Acres
$4,000,000 ACTIVE

37128 REHOBOTH AVENUE EXTENSION Overview

Time on Site:
39 days
Visits:
17

Rare and never before offered, this C-1 commercial opportunity is in one of the most visible and sought-after locations in coastal Delaware. Positioned at the entrance to downtown Rehoboth Beach and along Rt. 1 South, this prominent corner assemblage offers exceptional exposure with frontage on both Rehoboth Avenue and Rt. 1/Coastal Highway. This unique mixed-use commercial property offers a versatile investment or owner-user opportunity situated on approximately 0.75± acres with excellent visibility and access. The site features multiple buildings, on-site parking, public utilities, and dual ingress/egress from Coastal Highway with shared access onto Rehoboth Avenue Extension. Additional exposure is provided by two on-site wooden billboards, enhancing advertising potential and traffic visibility. The current building configurations are: (1) A large three-story corner building with a blank-canvas interior ready for redevelopment, repositioning, or owner-user customization. This building consists of a 4,293± square foot warehouse constructed in 2018 with steel beam construction and a flat roof design. The building features decorative windows and balconies, creating an attractive commercial appearance rarely found in traditional warehouse space. Currently configured as an expansive single-story structure, the building was designed with the potential for conversion to a three-story layout, offering significant future expansion possibilities. (2) The former Point Coffee House, a separate storage building, is a 2,905± square foot restaurant facility featuring a typical restaurant finish along with additional rear warehouse/storage space. The restaurant structure is frame constructed and offers flexibility for restaurant, retail, catering, or service-related operations. (3) There is a 2,213± square foot small warehouse with mezzanine space within a pole building design, ideal for storage, workshop, distribution, or light industrial use. The property is further enhanced with site improvements already in place, making it well suited for a variety of commercial, industrial, retail, restaurant, or redevelopment opportunities in a high-traffic corridor location.With unparalleled visibility, strong traffic counts, and a gateway location serving both downtown Rehoboth Beach and the Rt. 1 corridor, this is a truly unique investment and development opportunity.

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37128 REHOBOTH AVENUE EXTENSION Facts & Features

  • Type Commercial
  • Lot 0.75 Acres

Details

General

School Information

  • High School: CAPE HENLOPEN

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 2020

Business Information

  • Business Type: Other

Location/Region

  • Country: US
  • County: SUSSEX
  • County Or Parish: SUSSEX
  • In City Limits: No
  • MLS Area Major: Lewes Rehoboth Hundred (31009)

Parking Information

  • Total Parking Spaces: 16
  • Type of Parking: Other,Driveway

Tax Information

  • County Tax: 82.00
  • County Tax Payment Frequency: Annually
  • School Tax: 723.00
  • Tax Annual Amount: $804.00
  • Tax Year: 2025

General Information

  • Exclusions: Refrigerator, stove, coffee roaster, closed circuit camera system, and personal items
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • School District Name: CAPE HENLOPEN
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: C-1

Unit Information

  • Other Units: Unit 1,Unit 1,Unit 1,Unit 1,Unit 1

Interior

Building Information

  • Cooling Fuel: None
  • Heating Fuel: None
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Assessor
  • Central Air: No
  • Hot Water: None

General Information

  • Accessibility Features: None
  • Cooling: None
  • Flooring: Concrete
  • Foundation Details: Slab
  • Heating: None

Exterior

Building Information

  • Total Loading Docks: 0

Parking Information

  • Parking Features: Paved Parking, Private

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Features: Corner, Additional Lot(s), Premium
  • Lot Size Acres: 0.75
  • Lot Size Dimensions: 111.00 x 145.00
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 32670.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block, Frame
  • Roof: Architectural Shingle

General Information

  • Number Of Units Total: 0
  • Sewer: Public Sewer
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1

Unit 2 Details

  • Unit Type: Unit 1

Unit 3 Details

  • Unit Type: Unit 1

Unit 4 Details

  • Unit Type: Unit 1

Unit 5 Details

  • Unit Type: Unit 1

37128 REHOBOTH AVENUE EXTENSION Neighborhood

Community

19971 (REHOBOTH BEACH) Demographics

60
Median Age
501
Population Density (per sq. mile)
58%
College Educated
$75,846
Estimated Median Income
6,346
Estimated Total Home Owners
899
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

37128 REHOBOTH AVENUE EXTENSION Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

37128 REHOBOTH AVENUE EXTENSION Market Data

Based on the last 30 days in this zip code

$1,148,223
Average List Price
$540
Average Price per Square Foot
51
Properties Sold
104
Average Days on Market
291
Properties for Sale
Calculations provided by Reliance Network

37128 REHOBOTH AVENUE EXTENSION History

Date Event Value Agent
5/21/2026Source: BRIGHT MLS Status Change
ACTIVE
5/21/2026Source: BRIGHT MLS Added to Database
May 21, 2026
Listing provided courtesy of Compass- MLS# DESU2112364MLS ProviderContact Information: [email protected] - 3022734998